Journal of Applied Mechanical Engineering

Market Analysis on AI Expo 2020

Cong Zhao Inc San Jose, CA, USA

After the successful completion of the AI Expo 2020 conference series, we are pleased to welcome you to the "World Congress on Artificial Intelligence and Robots." The congress is scheduled to take place on Mar 23-24, 2020 in the beautiful city of Tokyo, Japan. This AI Expo 2020 Conference will give you exemplary experience and great insights in the field of research.

Robotics is in great demand. Japan's Artificial Intelligence showcase is assessed to develop from JPY 3.7 trillion of every 2015 to JPY 87 trillion by 2030. In 2015, Artificial Intelligence answers for the discount and retail sectors were valued at JPY 1.45 trillion, or about 39% of the complete market esteem, including the biggest Artificial Intelligence sub-section. By 2030, the transport sector is required to develop to JPY 30.48 trillion. Counting driverless autos, together these two areas will have a market evaluation of JPY 42.65 trillion or 49% of the total market value.

The mechatronics and robotics programs market can accomplish an excellent cost of USD 15 billion amid the estimated time frame of 2018 to 2023. The mechatronics and robotics courses are anticipating a rise of 15%, states Market Research Future. The robotics courses are making remarkable force because of its fruitful development in informative organizations. Robotics courses are earning accolades from primarily the automotive sector.

According to the new market research report "Artificial Intelligence Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision), End- User Industry, and Geography - Global Forecast to 2025", the Artificial Intelligence Market is expected to be valued at USD 21.5 billion in 2019 and is likely to reach USD 190.6 billion by 2025, at a CAGR of 36.6% during the forecast period. Major drivers for the market are growing big data, the increasing adoption of cloud-based applications and services, and an increase in demand for intelligent virtual assistants. The major restraint for the market is the limited number of AI technology experts. Critical challenges facing the AI market include concerns regarding data privacy and the unreliability of AI algorithms. Underlying opportunities in the artificial intelligence market include improving operational efficiency in the manufacturing industry and the adoption of AI to improve customer service.

Contact:
Sai V
Program Manager
Email: aiexpo@longdommeetings.net
Contact No: +3280075358
WhatsApp No: +32466903217

• World Congress on Artificial Intelligence and Robots

  Mar 23-24, 2020

  Tokyo, Japan